Yekaterinburg housing market supply rises 15% in February

March 30, 2015. Yekaterinburg housing market supply has been growing steadily over the last two months, even though the price fluctuations have remained insignificant, Ural Chamber of Real Estates press service reports.

The number of apartments and rooms offered for sale through the Chambers database went up by 15% in February: there are currently more than 9,000 apartments and nearly 1,400 rooms in communal apartments that can be purchased in Yekaterinburg. Besides, it now takes up to five months to get a place sold.

Housing prices, however, havent been changing in any noticeable way, with fluctuations staying within the 1% range over the last two months and prices shifting by 0.4% in the last four weeks. According to the Chambers analysts, the average price of one square meter in an apartment for sale on the existing homes market came to 76,381 RUR on March 23, 2015.